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Does a large family with more than one student in college at the same time have an increase in the amount of financial aid?

April 26, 2017college family financial aid increase large student time

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Does a large family with more than one student in college at the same time have an increase in the amount of financial aid?

1 Answer

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When there is more than one student in college (undergraduate) at the same time, your family contribution is divided among the college students. So, if there were two in college one year and only one the following year, 100% of the family contribution would be expected to be available for the remaining student. Therefore, the smaller family contribution will have greater financial aid eligibility and should qualify the student with two family members in college to receive more need-based aid.